Same set up doesn’t guarantee same outcome.

This is the forgotten lesson of life and of trading. As you start learning how to trade and invest you will inevitably develop your own strategy, one that works, yet not necessarily all the time. Same ticker, same indicators and same buy signals induces you to take entry. It’s the exact same set up, but…

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Patience, discipline & attitude.

I once read three things define you in this life: Patience, when you have nothing. Discipline, when you desire something. Attitude, when you have everything. Perhaps, you haven’t realized this about me, but my beginnings are humble, modest and simple. Today, I don’t take anything for granted and I don’t take the trading profession for…

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The Secret Pattern

This pattern is called the “Stick Sandwhich.” Before I talk about the psychology behind this pattern here are the resources in which I learned this pattern. Please read and watch the video I posted. https://tradingsim.com/blog/stick-sandwich/ This is indeed a very rare pattern in technical analysis and not often recognized when it shows up in your…

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The will to win is not enough.

The will to win in trading and in life is not enough to achieve success. It isn’t. The understanding of all technical analysis, fundamental analysis and even mental analysis will not make you a winner or a consistent profitable trader. Mark Douglas calls this the profit gap or the psychological gap. Basically, understanding all the…

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Never bag hold again by being a machine.

You are taught to be compassionate, sympathetic, caring, forgiving and hopeful. Right? Then when you start trading, you learn after you lose all your money and your life savings that you need to be emotionless, cold, systematic, and worst of all, hopeless. Therefore, most people successfully fail trading because it requires the individual to be…

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